The price of gas in Europe exceeded $2,200 per 1,000 cubic meters
18:08 27.07.2022 10987
The spot price of gas in Europe by Tuesday evening exceeded $2,200/ths.m3 in anticipation of the failure of another gas pumping unit on the Nord Stream, Interfax reports.
The cost of the nearest (August) TTF futures on the ICE Futures exchange rose to $2244 on Tuesday evening.
A day earlier, trading closed at $1,852, and since the beginning of the month, the quotes averaged $1,720.
Gazprom reported that due to the end of the time between overhauls before overhaul, the concern is stopping the operation of another Siemens gas turbine engine at the Portovaya compressor station (CS).
As a result, the daily output of the Portovaya CS from 07:00 Moscow time on July 27 will be up to 33 million cubic meters. m per day compared to the current 67 million cubic meters. m per day (40% of productivity).
Analysts at Rystad Energy, a research company, note that with such a level of supplies under SP1, it will be very difficult for the European Union to achieve the target level of gas reserves in UGS facilities of 80% by November 1. In addition, analysts warn that US LNG supplies to Europe will complicate the upcoming hurricane season.
Jet fuel and polypropylene purchased at auction
During the auction at the State Commodity and Raw Materials Exchange of Turkmenistan on February 13, petrochemical, light industry and construction materials were sold.
Traders expect high European gas prices to continue in coming years
Natural gas prices in Europe will remain high in the coming years amid continued supply shortages, traders believe, Interfax reports.
Auto fuel and liquefied gas became the subject of foreign exchange transactions at the auction
73 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.
Afghanistan increases import of Turkmen liquefied gas
On Monday, Afghan media reported an increase in imports of liquefied natural gas from Turkmenistan to Afghanistan. According to the publications, the Taliban provisional government issued a statement to this effect after a meeting of its economic sector.
First EU-Central Asia summit to be held in Uzbekistan on April 3-4
The heads of the European Council António Costa and the European Commission Ursula von der Leyen will visit Uzbekistan on April 3-4 to participate in the first EU-Central Asia summit, which will be chaired by the President of Uzbekistan Shavkat Mirziyoyev, according to a press release distributed by the EU delegation in Tashkent, Interfax reported on February 14.